Durable Medical Equipment (DME) Market Growing at 6.3% CAGR by 2027
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Jan 21, 2021 (Market Insight Reports) —
Nova One Advisorrecently added a research report, Durable Medical Equipment (DME) market – global industry size, share analysis, market dynamics, market risk factors, market opportunities and challenges. Segment forecast and the geographical distribution of the global market, profitability graph and the regional outlook of this business vertical.
The global Durable Medical Equipment (DME) market is predicted to advance with the CAGR of 6.3% over next 8 years and reach around US$ 261.1 billion by 2027
Durable Medical Equipment (DME) is any equipment that provides therapeutic benefits to a patient in need because of certain medical conditions and/or illnesses. Durable Medical Equipment (DME) consists of items which are primarily and customarily used to serve a medical purpose.
DME includes, wheelchairs (manual and electric), hospital beds, traction equipment, canes, crutches, walkers, kidney machines, ventilators, oxygen, monitors, pressure mattresses, lifts, nebulizers, electrical blankets etc.
North America dominated the global durable medical equipment (DME) market in 2019 and the trend is anticipated to continue during the forecast period. Highly structured health care industry, research, and treatment platforms, rising incidence of chronic and cardiovascular diseases, and presence of a large number of manufacturers are expected to drive the market in North America.
Asia Pacific is likely to be a highly lucrative market for durable medical equipment (DME) and it is expected to expand at a high CAGR during the forecast period
This research report encompasses precise assessment of the market with the help of comprehensive qualitative insights and supportable prognoses regarding market size, consumption and production. The projections presented in the report have been derived using proven research methodologies and assumptions. It does so by means of comprehensive qualitative insights, historical statistics, and verifiable predictions about market revenue and sales.
The rapidly budding threat owed to the eruption of COVID-19 is impacting lives, communities, businesses, and industries across the globe. With businesses shuttered, flights grounded, COVID-19 is about to affect the global economy in different ways such as by directly upsetting production and demand, by generating supply chain disruption, and by its financial impact on firms and financial markets. Therefore, this report covers COVID-19 outbreak impact analysis on the Durable Medical Equipment (DME) market under the research study. The market estimates offered in the report are the outcome of in-depth extensive secondary research, primary interviews and in-house professional assessments. These market evaluations have been measured by reviewing the impact of numerous social, political and economic factors coupled with recent market dynamics affecting the Durable Medical Equipment (DME) market growth.
The Durable Medical Equipment (DME) market report is anall-inclusive study and presentation of drivers, challenges, opportunities, demand influences, market revenue, predictions, and trends in the global Durable Medical Equipment (DME) market over the period of 2020 to 2027.Growth matrix offers an analysis of the product segments and regions that market participants should emphasis to capitalize, consolidate, and diversify.
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Porter’s five forces model in the report offers perceptions into the competitive rivalry, buyer and supplier positions in the market and prospects for the new participants in the global Durable Medical Equipment (DME) market over the period of 2020 to 2027.
Durable Medical Equipment (DME) Market Report Coverage
| Report Characteristics | Details |
| Historical Years | 2016-2019 |
| Base Year (2020) Market Size | USD 261.1 Billion By 2027 |
| Forecast Period | 2020-2027 |
| Compound Annual Growth Rate (CAGR) % | 6.3% |
| Report Coverage | Revenue Estimation and Outlook, Segmentation Analysis, Market Trends, Pre and Post COVID-19Impact of Analysis, Market Indicators, Competitive Landscape, Product Benchmarking, Company Profiling |
| Market Size by Segments | By Equipment Type By End-user, By Technology and By Geography |
Crucial Competitors and Market Share Analysis
Increasing strategic alliances, mainly acquisitions and collaborations among vital market companies, along with ground-breaking product promotions are some of the crucial tactic flourishing the market. The key players operating in this market include Stryker Corporation, Medtronic plc., Medline Industries, Inc., BD, Hill-Rom Holdings, Inc., Drive DeVilbiss Healthcare, Inc., Invacare Corporation, Sunrise Medical (US) LLC, and ResMed, Inc.
Download This Full Research Report, Click Here@ https://www.novaoneadvisor.com/report/checkout/3913
This report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region. This research report delivers the analysis and prognosis of revenue, production, price, market share and growth trend for different products such as:
-
Global Durable Medical Equipment (DME) Market, by Equipment Type
-
Personal Mobility Devices
- Wheelchairs
- Crutches & Canes
- Walker
- Others
-
Bathroom Safety Devices
- Commodes
- Toilet Rails/Frames
- Others
-
Medical Furniture
- Medical Beds
- Matress
- Strechers
- Lift Chairs
- Others
-
Monitoring and Therapeutic Devices
- Blood Glucose Monitor
- Oxygen Equipment
- Infusion Pumps
- Vital Sign Monitors
- Others
-
Global Durable Medical Equipment (DME) Market, by End-user
- Hospitals
- Long Term Care Centers
- Ambulatory Surgical Center
- Home Care Settings
- Others
-
Personal Mobility Devices
Geographically, this research study covers the comprehensive analysis of revenue, consumption, and Market share and growth rate, historic and forecast (2020-2027) of the following regions:
- North America
-
Europe
- Germany
- United Kingdom
- Italy
- France
- Rest of EU
-
Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
-
Latin America
- Brazil
- Argentina
- Rest of Central & South America
-
Middle East and Africa
- GCC
- North Africa
- South Africa
Key Benefits Delivered by this report:
- Comprehensive coverage of all the segments in the Durable Medical Equipment (DME) market to scrutinize the trends, developments in the global market and prediction of market size up to 2027.
- All-inclusive analysis of the global as well as regional markets of the Durable Medical Equipment (DME) market.
- Complete scrutiny of the players functional in the global Durable Medical Equipment (DME) market. The company profile comprises analysis of product offering, financials, SWOT analysis and up-to-date developments of the company.
Table of Contents
Global Durable Medical Equipment (DME) Market Research Report 2020 – 2027
Chapter 1 Durable Medical Equipment (DME) Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Durable Medical Equipment (DME) Market Forecast
Download This Full Research Report, Click Here@ https://www.novaoneadvisor.com/report/checkout/3913
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